Top Trader Reveals Notable XRP Buy Signal, States His Best Entry Level

Despite optimism in the broader crypto market, one leading analyst is holding off on accumulating XRP, citing a key signal that must first materialize. Daniel Liu, a respected market commentator known for his work under the VirtualBacon alias, believes XRP is still lacking the final condition that would make it a compelling buy. In a detailed analysis shared in his May 30 video update, Liu addressed XRP’s recent underperformance and explained why the ongoing consolidation phase may be constructive for the asset in the long term. However, he made it clear that he is still waiting for a major confirmation before reentering. My buy signal for $XRP is a further 20 percent drop against $BTC . This would either come from XRP falling while BTC holds, or from BTC rallying while XRP stays flat. Both cases push XRP into a strong value range. It’s a mid-cycle pattern we’ve seen before, and it often… pic.twitter.com/PAtLo49Cq4 — VirtualBacon (@VirtualBacon0x) May 30, 2025 A 22% Retracement Could Trigger Liu’s Buy Signal Liu pointed to XRP’s recent 37% decline from its January high as a normal pattern for strong-performing altcoins that surged early in the bull cycle. These coins, he said, typically correct against Bitcoin as the cycle progresses. He anticipates XRP will resume outperforming Bitcoin but not until it undergoes another 22% correction. According to Liu, “The XRP/BTC ratio chart will retrace 22% if Bitcoin stays steadily above $100,000 and XRP corrects 22% against the dollar.” Under this scenario, XRP could fall to around $1.85, a price he identified as his optimal entry point. Liu added that $1.85 is the lowest value he expects for XRP in the current cycle. He also noted that XRP has already tested its demand zone seven times since December, each time rebounding strongly. That zone, he suggested, is becoming increasingly reliable as a support level. Alternative Path to Liu’s Buy Trigger Liu also proposed a second path that could trigger the same XRP/BTC retracement. In this case, XRP would remain mostly flat around its current price, while Bitcoin would rally another 22% to reach new highs. The net result would still be a 22% decline in XRP’s ratio to Bitcoin. Liu argued that in such a scenario, many investors may lose confidence in XRP’s ability to outperform. He commented, “Market users took a similar position against Solana and Ethereum a few months back, only for the assets to stun them with face-melting rallies.” This kind of disbelief, he implied, often precedes significant upside. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Only after this retracement—whether through a direct XRP correction or a Bitcoin-led divergence—would Liu consider XRP a strong buy relative to Bitcoin. Until then, he is remaining cautious. Bullish Outlooks Remain While Liu’s strategy is conservative, other analysts remain firmly bullish. Notably, Peter Brandt has called XRP “everyone’s favorite.” Within the XRP community, several prominent figures have issued ambitious price targets for the asset. Researcher SMQKE recently predicted that XRP could surpass Ethereum in market value this year, a move that would imply a rally to at least $6. Meanwhile, analyst Egrag Crypto has outlined targets of $13 and even $22 for XRP, referencing a “bullish engulfing” pattern on the yearly chart. He added that he expects a strong “13th candle performance” for XRP during this market cycle. Although there is growing enthusiasm for XRP’s long-term potential, Daniel Liu’s current stance highlights the importance of timing and market positioning. His forecast suggests that while XRP may ultimately experience a powerful rally, a specific retracement—either through a direct price drop or a Bitcoin surge—is needed to confirm a low-risk, high-reward entry point. Until that condition is met, Liu is not ready to call XRP a buy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Top Trader Reveals Notable XRP Buy Signal, States His Best Entry Level appeared first on Times Tabloid .

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